Karachi: Pak-Gulf Leasing Company Limited has reported a decrease in its financial performance for the nine months period ending March 31, 2026. The Board of Directors convened on April 24, 2026, at the company’s registered office to review the financial results, which revealed no cash dividends, bonus shares, or rights shares for the period.
According to the financial report, the company’s income from financing operations fell to 80.58 million rupees from 113.65 million rupees in the same period last year. Similarly, the income from other activities, including returns on investments and other income, decreased to 26.07 million rupees from 59.23 million rupees.
Administrative and operating expenses rose slightly to 47.35 million rupees compared to 43.73 million rupees the previous year, while the finance cost saw a significant reduction from 32.84 million rupees to 6.41 million rupees. This change contributed to an operating profit before provisions of 52.88 million rupees, down from 96.31 million rupees.
The company reported a net profit after taxation of 54.15 million rupees, a decrease from 60.96 million rupees in the prior year. Earnings per share also decreased to 1.09 rupees from 1.23 rupees.
According to information available from the Pakistan Stock Exchange (PSX), the market category for Pak-Gulf Leasing Company Limited noted these financial movements, emphasizing the importance of these figures for stakeholders.
The statement of comprehensive income revealed a total comprehensive income of 54.18 million rupees, compared to 61.83 million rupees in the previous year. The financial results were transmitted through PUCARS within the specified timeline, ensuring timely dissemination of information to relevant parties.